Liugang Corp: Planning to issue shares and pay cash to purchase assets and raise matching funds, expected suspension period not to exceed 10 trading days.
Announcement of Liugang Share, the company is planning to purchase a portion of the minority equity of Guangxi Steel Group Co., Ltd. held by Guangxi Liuzhou Iron and Steel Group Co., Ltd. by issuing shares and paying cash, and raising supporting funds. This transaction will not result in a change in the company's controlling shareholder or actual controller, constitute a related party transaction, and is expected not to constitute a major asset restructuring. Due to the uncertainty of the planning stage, the company's A shares will be suspended from trading starting from April 23, 2026, for a period not exceeding 10 trading days.
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